Exam (elaborations)
OPERATIONS AND SUPPLY CHAIN MANAGEMENT (JACOBS& CHASE) QUESTIONS AND ANSWERS
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OPERATIONS AND SUPPLY CHAIN MANAGEMENT (JACOBS& CHASE) QUESTIONS AND ANSWERS
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1-22 of 22-net income per employee
-revenue (or sales) per employee
-receivable turnover
-inventory turnover
-asset turnover
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, efficiency ratio (5)
calculated from data in annual financial statements
when one company studies the processes of another company to identify best
practices.
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benchmarking
cost of goods sold/ average inventory value
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Inventory turnover =
one or more activities that transform inputs into outputs.
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process
the ability to meet current resource need s without compromising the ability of future
generations to meet their need.
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